Inflation India 2022
Average inflation: 5.9%
Current Inflation
Inflation is very high at 5.9%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 7.0%. The lowest inflation was in February at 5.0%.
- Highest month
- May: 7.0%
- Lowest month
- February: 5.0%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 5.8%.
- 5-year average
- 5.8%
- 10-year average
- 6%
- All-time high (2010)
- 12.1%
- All-time low (2017)
- 2.5%
Trend
Inflation has remained relatively stable. Compared to 2021, the difference is minimal (+1.0 percentage point).
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- January: +2.6 percentage points
ECB Target
Inflation is 3.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 5.8% | +2.6 |
| February | 5.0% | +0.5 |
| March | 5.4% | -0.3 |
| April | 6.3% | +1.2 |
| May | 7.0% | +1.7 |
| June | 6.2% | +0.6 |
| July | 5.8% | +0.5 |
| August | 5.9% | +1.1 |
| September | 6.5% | +2.1 |
| October | 6.1% | +1.6 |
| November | 5.4% | +0.6 |
| December | 5.5% | -0.1 |
| Average | 5.9% |
Data source
Data from OECD. Last updated: 20/12/2025.